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Question: Payment on acct after bankruptcy

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    Question: Payment on acct after bankruptcy

    My bankruptcy was discharged this past July. Included in the bK was an account with Circuit City/Chase for $7635. At some point during the process, CC sent my lawyer a letter saying that I would need to pay my balance or turn over the property I had purchased over a ten year period. They listed the current value as $1253. I replied that I would turn over the property, a computer and other items that were really not worth much to anyone, or pay the off the current value. I never heard from them again until after my debts were discharged. There is no record of my discussion with them in my bK papers, and the judge discharged everything. In August I got a bill for $50 showing a balance of $1253. I paid it. My sept bill shows a balance of $1211, so most of the $50 is principle. I have not yet had money to pay it, but received my october bill showing a reduced balance and no mention of a late payment. It does say that the balance my not reflect payments not received.
    CC updated my credit report in Sept, showing the original balance of $7625 as charged off as bad debt. No mention of bankruptcy, even after I disputed it as such. The dispute has been investigated, but the status was not changed. I am wondering if I really need to pay this $50 a month. It's a hardship to pay. If it shows as charged off in an updated report, is there a reason that I should pay it? Will it hurt or help my credit rating in anyway?
    The account number for the new bill with the current balance is the same as the one on my credit report showing the high balanced as charged off.
    Thanks for your thoughts and suggestions!

    #2
    You can dispute it again as "included in bankruptcy" by sending a copy of your schedule of creditors to the credit bureau. Also, if you did not sign a reaffirmation agreement I would stop paying and see what they do. They may never actually come and get the items.

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      #3
      I'd say NOT to pay. If they really want your stuff, make them come & get it-most likely they won't want to put the effort into it.
      Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

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        #4
        I am really not understanding what you are asking or why you are paying these people back. I would think that if they wanted to dispute the account they would have been in court they didn't evidently want their stuff back then, they are just trying to bluff you chances are. send them your bankruptcy case number, the date it was discharged, ask them not to contact you again, send the letter certified return-receipt requested and forget about them. What is the worse case scenerio? tell them in the letter that they have 10 days from receipt of the letter to make contact with your attorney to pick up said merchadise, I don't think that they can do it or will do it. You said the stuff really isn't worth anything. save your fities and go get another computer.
        You also said that the dispute was investigated, what was that outcome, the credit bureau has to have an outcome of the investigation. check back with them too. Again, tell me why you are paying them????????? or you could ask them to prove current value. call your attorney.
        I'll be watching, you may never know when or how, but I'll be there. I am there now....

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